About your Search

20121027
20121104
Search Results 0 to 4 of about 5
. also watching san ramon based chevron the oil giant taking a big hit. their income falling 33% they only made it 5 and 1/4 billion dollars for the quarter. they said the production decline sold oil and gas at lower prices. the bay area people are saying what floor prices. reversing chevron's shares trading lore at three-quarters of a percent. >> looks like the dow is going positive is already up above the 50.1. >> let's go to whether we have erica watching those numbers to the software co- star erica. >> yes james. some spots and the low 40's degrees cooler compared to what was off 24 hours ago. we have locally dense fog for some of our valleys into the afternoon however, how glad i cloud coverage that is in the upper 60s. pretty mild weather i was taken to satellite and radar to explain what is going on in the bay area. we have a weak cold front pushing in from the pacific northwest that explains the cool air we are seeing in some of the locally dense fog. off trucker four shows when the fog will cleared up in my next report. >> good morning we have a lot of slow traffic for
, steve. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and capitalize on the brand. they tell the san francisco business times the giants there to avoid the appearance of price gouging. keep season ticketholders happy and remain humble. >> i don't worry about them with that. >>> 6:53. boy a bold luxury theft. what thieves stole and why they only wanted one thing. >>> don't forget you can get ktvu news to go download our ktvu app click the live icon. >>> welcome back to the ktvu channel 2 morning news. live look at the big board. dow jones up a little bit. mostly favorable response to the jobs report. we could see more gains. analyst says the little bump the in t
of the gas for his pizza delivery job. aaa expects the prices to continue to drop. >>> chevron said that the oil refinery in richmond shall be fully operational early next year. the fire greatly reduced chevron's capacity and contributed to a fire on the west coast. >>> and some car owners could be getting a refund after and investigation by. epa that 800,000 vehicles overstated their gas mileage of the 2011 and 2013 hyundai and kia support taj -- sportage and rio could it result in millions of dollars in payments to car owners but it could also result in sanctions from the u.s. government. >>> when a man stopped to videotape his son, he caught a amtrak train slam into a utility truck. the man rushed over to the scene and he thought that the two men inside the truck would be dead but instead they survived with hardly a scratch. >> he got out of the truck and i said are you all right. he said i'm fine. i said dude, you're the luckiest man alive right now. >> wow! that train was blaring the horn, the truck driver told the police that he did not notice the train coming. >>> mark mcgire
to an oilfield where companies like chevron having drilling for more than 60 years. but new technology would allow that drilling to expand to places where the oil lies much deeper. 14billion barrels of oil reserves could now finally be accessible in the hills and valleys beyond san ard doe in an area known as the monterey shale. >> these are source rocks for oil and gas. >> reporter: this physicist says shale oil is harder to harvest. you need go down and out horizontally in a technique called fracking. >> now we have technology, enabling technologies, that allow these reservoirs to be produced economically. >> reporter: with oil at almost $90 a barrel, he predicts things are about to change. fast. >> there's just a lot more activity and a lot of that activity is in places where there hasn't been much for a long period of time. >> reporter: in monterey county oil prospectors are knock on the doors of landowners trying to buy up leases. >> now all of a sudden, the people that drilled for oil are more interested in going out and getting these mineral rights for property owners. >> reporter: th
this morning, chevron a big drop in profit in the last quarter down about 33% to $5.25 billion. revenue is down also. missed expectations by around $8 billion. the company had lower natural gas and oil production also higher maintenance costs including the big fire at its richmond refinery. >> linkedin proves it's one of the better social media companies turning a profit of over a couple of million dollars in the recent quarter after a loss the year earlier. markets have modest gains. we had a nice day yesterday so some of the gains baked in early. the dow up only by 5 points right now. nasdaq higher b a fraction as well as the s&p. earnings reports have been poor for the 3rd quarter fourth not looking better. back to you guys. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> new this morning, a couple of die-hard apple fans are lining up for the new ipad mini. this is in san francisco overnight. preorders for the 7.9" tablet sold out in 20 minutes last week. today only the wi-fi version of the mini is on sale. the cellar model hits shelves in time for the holiday shopping season
Search Results 0 to 4 of about 5